41-45 N Clinton St - Storefront FOR SALE


East Orange, NJ 07017
$849,000 USD
973-641-0027
41-45 N Clinton St, East Orange, NJ for Sale
$849,000 USD
Storefront - FOR SALE
1/7
null | 8.65% Cap Rate

41-45 N Clinton St
East Orange, NJ 07017


HIGHLIGHTS

  • Heavy foot traffic, busy neighborhood, strong tenants.

OVERVIEW

Rare opportunity to acquire a prominent multi-tenant commercial property located at 41-45 North Clinton Avenue in the heart of East Orange. This well-positioned retail asset consists of seven storefront units situated along a busy commercial corridor with strong daily foot traffic and excellent street visibility. Offering a diversified income stream through seven commercial storefronts, the property presents investors with the opportunity to benefit from both in-place cash flow and future rental growth. The surrounding area continues to experience ongoing redevelopment and investment activity, making this an attractive long-term hold in one of Essex County's most accessible urban markets. Ideal for investors seeking stable neighborhood retail exposure, value-add opportunities, or owner-users looking to establish a presence in a high-visibility location. The property's strong street presence, convenient transportation access, and proximity to major commuter routes make it well-positioned to serve the surrounding community and workforce. Highlights include seven commercial storefronts, excellent visibility, strong pedestrian traffic, convenient access to major highways and public transportation, proximity to Newark and New York City, and a location within one of East Orange's established commercial corridors.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

8.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

C-1, East Orange Cty

APN/PARCEL ID

05-00541-0000-00008

ASK ABOUT THIS PROPERTY

Michael PetrakCorcoran Sawyer SmithMore Info
973-641-0027

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Michael PetrakCorcoran Sawyer SmithMore Info
973-641-0027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.